Crozier claims he was unaware of the post office scandal that was undermined by letters

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. BT chairman Adam Crozier received letters from several MPs about problems with the Post Office’s Horizon IT system when he ran Royal Mail, undermining his claim that he was “unaware” of the scandal. Correspondence obtained … Read more

Man shouted ‘no one fucks with me’ and doused the barmaid with petrol

A man stormed into a social club, shouted “nobody fucks with me” and doused a snooker table and a barmaid with petrol. Mark Smith drunkenly tried to set fire to the premises after reacting angrily to a joke, but was fortunately overpowered by other customers. He later told police he had “lost his head”. Liverpool … Read more

Companies embroiled in expensive AI arms race – BBC News

Image source, John Collins Image caption, ‘Fear and greed’ are driving investment in AI, says Jon Collins Item information Author, Joe Fay Role, Technology reporter May 17, 2024 There’s no doubt we’re in an AI arms race, says Jon Collins. He has worked in IT for 35 years in various roles, including as a software … Read more

Thames Water’s largest shareholder is writing off his investment

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Thames Water’s largest shareholder has written down its investment in the utility in a sign of the escalating financial crisis at Britain’s largest water company. A Singapore-registered subsidiary of Ontario Municipal Employees Retirement System, which … Read more

Britain is testing ‘un-jammable’ quantum-based navigation systems

Britain has completed commercial flight tests of advanced quantum-based navigation systems designed to resist jamming or spoofing by hostile actors, a press release said. Infleqtion, a quantum technology company, partnered with aerospace companies BAE Systems and QinetiQ for these trials at MoD Boscombe Down in Wiltshire, with Science Secretary Andrew Griffith on board the final … Read more

Paying more is ‘not feasible’: new visa rules will impact the recruitment of foreign graduates

When Rohan came to Britain in 2022 to pursue a master’s degree, his ambition was to stay and continue his career in Britain. After completing his studies, he accepted a place on HSBC’s graduate program in Sheffield, in the north of England. But after attending several introductory events, the lender abruptly withdrew its offer last … Read more

Drivers warned of huge fines for driving petrol and diesel cars in four major UK cities within weeks

Motorists are being warned of four new low-emission zones that will start charging within weeks, meaning millions of motorists could face hefty fines. Major cities in the UK have taken steps to improve air quality, with many favoring emissions-based charging zones, while four new zones have been set up in Scotland. All vehicles entering a … Read more

Severn Trent boss defends multi-million pay package despite sewage leaks – BBC News

Image source, Getty Images Item information Author, Dearbail Jordan Role, Business reporter, BBC News May 17, 2024, 10:15am BST Updated 4 hours ago The Severn Trent boss has defended her multi-million pound pay package despite the company’s sewage leaks rising by a third by 2023. Liv Garfield received £3.2million in salary, bonuses and shares last … Read more

Newcastle’s minority owners top the sporting charts, while Beckham is trumped by Hearn’s

David Beckham has crept into Britain’s top ten richest athletes, led by Newcastle’s minority owners. The Sunday Times Rich List 2024 has been revealed online, featuring some of Britain’s iconic athletes. The Beckham’s have been named in the Sunday Times Rich List for 2024Credit: Getty England skipper Harry Kane is included in the 40 under … Read more